3 Parc Villas, Penzance
3 Parc Villas, Penzance
Description & Estimates
3 Parc Villas, Penzance is recorded publicly as a period freehold house across 1,078 ft2 of internal area, sitting on a 114 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3 Parc Villas, Penzance is £402,467 and its rental estimate is £1,240 per month, given the available information and assuming reasonable condition.
Newlyn, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
3 Parc Villas, Penzance has a single entry in the Land Registry from June 2011 and a single entry in the EPC database dated March 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3 Parc Villas, Penzance, we estimate a market value of £422,591 and a rental value of £1,302 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,295 and £1,154 per month respectively.
Recent Market Change
Over the last year, 3 Parc Villas, Penzance has seen its estimated sale value decline by £8,266 (2.1%) and its estimated rental value climb by £57 per month (4.6%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 3 Parc Villas, Penzance as measuring 114 m2.
That makes it the 4th largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
3 Parc Villas, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Mar 2011.
The property is connected to mains gas and has partial secondary glazing. It is heated using Room heaters, mains gas.
Sold Prices
The most recent sale of 3 Parc Villas, Penzance completed on 23rd June 2011 at £230,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 76.8% over the period since June 2011.
- Sold Jun 2011£230,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3 Parc Villas, Penzance have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th November 2024, was 41, North Corner, Penzance, TR18 5JG, a freehold house which sold for £490,000.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 55 addresses on Newlyn, Penzance, TR18, 3 Parc Villas, Penzance comes out as the 19th largest and the 14th most expensive in our analysis of the public data.
It is also £109k more expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- 800mNewlyn School
- 1.4kmAlverton Primary School
- 1.6kmSt Mary's CofE Primary School, Penzance
- 2.7kmHumphry Davy School
- 3.0kmMounts Bay Academy
- 10.1kmCape Cornwall School
More reading links
Public Transport Nearby
From 3 Parc Villas, Penzance, the nearest station is Penzance, 2.6 kilometres away.
- 2.6kmPenzance
- 10.8kmSt Erth
- 11.6kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
